As Study Shows Hospital Price Growth Is Main Driver Of Health Care Spending, Experts Warn Consolidations Will Make It Worse

"What is most worrying to me is that there has been fairly profound consolidation among hospitals and when they gain market power they have the ability to raise prices," said Zack Cooper, the study's co-author. "They have the ability to gain more favorable contractual terms, which allows them to raise prices and resist the new, more sensible payment reforms." In other news from the health industry: artificial hip lawsuits, out-of-pocket costs, insulin pumps and surprise medical bills.

from Kaiser Health News http://bit.ly/2SbZgvP